Sacramento Greenhaven / Elk Grove Area GP (CA3711)

Easy GP Opportunity to Take Over, with Automatic Built-In Revenues. This three (3) operatory GP practice (with a 4th operatory plumbed but not equipped) is a cash cow that is well located and surrounded by a mature, desirable community that feeds a loyal patient base into the practice. The practice has a solid base of approximately 50% as HMO patients (remaining practice is cash/PPO patients), which means there is an automatic $6K to $7K per month income guaranteed before a handpiece is activated. The Seller has extensive years of expertise in running and growing HMO practice locations and will remain on after sale to help counsel the buyer in growing an HMO-type dentistry model. Seller’s successful formula is to have at least 1,700 active patients in HMO status, and this practice boasts over 1,990 enrollees. With most of the practice expenses covered ongoing, the practice buyer is freed to grow an additional cash and PPO patient base if desired. Seller suggests that there is a lowered risk of losing patients (with an HMO patient base) in Year One after sale closing, because the patients under contract historically remain with the practice. Seller will also finance the practice sale, with 20% down for a qualified buyer! Over 93 years of Goodwill, “SoftDent” PM Software, beautiful reception area, nice equipment, and great lease terms will be offered to practice buyer. Seller reports plenty of new patients each month with opportunities for practice growth in hygiene and specialty procedures. 2021 Collections was $634K, 2022 Collections was $623K, and 2023 is on track to hit nearly $700K.